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Stock impact report

Deswell Announces First Half 2019 Results

Deswell Industries, Inc. - Common Shares (DSWL) 
US:NASDAQ Investor Relations: deswell.com/investors
Company Research Source: Business Wire
Company Announces First Half Cash Dividend of $0.06 Per Share MACAO--(BUSINESS WIRE)-- Deswell Industries, Inc. (Nasdaq:DSWL) today announced its unaudited financial results for the first six months of fiscal 2019, ended September 30, 2018. Net sales for the six months ended September 30, 2018 were $34.8 million, an increase of 16.9% compared to net sales of $29.8 million for the six months ended September 30, 2017. Net sales decreased by 1% to $13.6 million in the plastic segment and increased by 32.4% to $21.2 million in the Company’s electronic segment. Total gross margin decreased to 13.8% of net sales during the six months ended September 30, 2018, as compared to 19.6% of net sales in the same period last year. Gross profit margin in the plastic segment decreased to 16.4% of net sales for the first half of fiscal 2019, compared to 24.3% of net sales for the corresponding period of la Show less Read more
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